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Diversity and inclusion

Foreword

Open-minded, open to all

Pictet Asset Management aspires to have a highly diverse workforce with a unique range of skills, distinctive talent and varied perspectives. We want to create a culture that enables all our employees to develop and reach their full potential. We believe that diversity of thought and independence of mind create an inclusive working environment which fosters the pursuit of excellence. This in turn also enables us to best serve the interests of our diverse client base and build long-lasting partnerships within the communities in which we operate.

We do not aspire to be the biggest financial group. We want to be a responsible company we all feel proud to work for.

Renaud de Planta
Renaud de Planta Senior Managing Partner, Pictet Group
We actively support the promotion of an inclusive culture. As an equal opportunity employer, we seek to provide employment and advancement opportunities to all individuals without regard to gender identity, race, ethnicity, age, disability, religion, political affiliation, sexual orientation, marital or parental status or any other personal characteristic. We believe in valuing our differences and ensuring that everyone can bring their true self to work.


Why diversity and inclusion matters


Meet our Head of Diversity and Inclusion

 

Our approach

Diversity & inclusion in practice

Our corporate values of long-term thinking and responsibility naturally lead to a culture of collaboration and partnership. We are committed to making diversity and inclusion an integral part of this culture by taking every step to encourage greater diversity in the workplace and fostering an environment that allows all individuals to thrive.

Because diversity and inclusion is the collective responsibility of everyone in the organisation, we actively engage with employees about how to incorporate D&I into everyday business. All managers have a formalised D&I objective and learn how unconscious bias can impact decision making.

Self-governed networks enable employees to foster open dialogue and influence positive action, including on the subjects of race and ethnicity (Race at Work Forum) and gender advancement (Pictet Women’s Network). Specific leadership, mentoring and sponsorship programs have also been developed.

To further support our employees at different stages of their careers and lives, we offer numerous competitive benefits and policies in relation to family care, including parental leave and eldercare. Flexible working arrangements are also available to all employees to encourage work life balance.

In 2016, we created our Diversity & Inclusion Committee to promote a more inclusive culture and support a global D&I agenda. I am very proud to chair this committee.

Laurent Ramsey
Laurent Ramsey Group Managing Partner and co-CEO, Pictet Asset Management

 

Partnerships

Our partners

Our aim to promote greater diversity and inclusion extends beyond our business, to the industry and the communities in which we operate. We have established partnerships with organisations that not only provide support to our employees in their personal and professional lives, but also allow us to make a difference in areas such as socio-economic mobility, disability, minority and gender representation. We also encourage employees to give back to their communities and participate in charitable engagement.

 

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We are proud to be on the Steering Committee of the Diversity Project. The Diversity Project is an initiative supported by the UK Investment Association to accelerate progress towards an inclusive culture in the investment profession – aiming to achieve diversity across all dimensions, including gender, ethnicity, socio-economic background, LGBTI+, age and disability.

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Pictet Asset Management is a founding member of City Hive. City Hive is an independent organisation which partners with companies across the Investment Management industry, helping them to meet their sustainability responsibilities in creating a more diverse, equitable and inclusive world.

 

Our partners

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We support 100 Women in Finance, whose mission is to empower women working in the finance industry. Employees can benefit from access to 100WF’s online business network and invitations to talks and networking events across the globe.

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We are a sponsor of Financial Women’s Association of Singapore, whose mission is to empower women for professional and personal success. The FWA aims to drive professionalism in the financial sector, with special emphasis on promoting the education, advancement and recognition of women.
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As a member of Advance, an association aiming to increase the percentage of women in leadership roles and boost gender diversity in Switzerland, employees have access to conferences, training sessions and mentoring.
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We are a sponsor of FondsFrauen, the largest German-speaking professional women’s network in the financial industry. Their goal is to advance women’s careers and to promote equal opportunities and diversity.

Our partners

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Through our partnership with Sponsors for Educational Opportunity, we run a summer internship programme for students from lower socio-economic and under-represented backgrounds, in order to encourage a new generation of diverse, young talent. 45 undergraduate students across the UK and Europe have participated since 2017.
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We are proud to be a supporter of the #10000BlackInterns initiative, following our participation in the #100BlackInterns initiative. The programme offers paid work experience and mentorship to the black community in order to create a more diverse range of talent in industries such as investment management. 
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Since 2019, we have a partnership with EMpower, a foundation helping and empowering at-risk youth in emerging markets through organisations that ensure gender equality in their work. Our contribution helps fund life-changing grants, technical assistance and support.

 

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We are proud to be a sponsor of The Association of Asian American Investment Managers (AAAIM). Founded in 2006, AAAIM is a U.S. non-profit organization dedicated to the advancement of Asian Americans & Pacific Islanders (AAPIs) in the field of investment management. AAAIM supports those trying to grow their careers by providing a forum for professionals in the industry to meet, network and create business opportunities.

Our partners

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We are proud to be a member of the Valuable 500, who advocate for promoting disability inclusion within the workplace. As part of this initiative, we aim to bring disability to the top of the business agenda and form new partnerships to recruit, support and include disabled staff within the Pictet Group.
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As a Disability Confident Employer in the UK, we have committed to: ensuring our recruitment process is inclusive and accessible; communicating and promoting vacancies; offering an interview to disabled people who meet the minimum criteria for the job; providing reasonable adjustments and supporting any existing employee who acquires a disability or long-term health condition, enabling them to stay in work.

 

Our partners

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As partners with My Family Care, the UK's leader in delivering family-friendly solutions, employees are provided access to a range of resources for working parents and carers, including emergency childcare, back-up care for adults & the elderly, school holiday cover and webinars.

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Cityparents is a network for London professionals who have a shared interest in balancing home/family life with a progressive career. Our corporate membership allows employees to access a range of events and seminars.

 

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To help employees balance family and career, Pictet have a partnership agreement with Profawo in Switzerland, a company which has at its disposal a network of experienced and highly-qualified child-minders. 

Our partners

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LGBT Great is a corporate membership organisation working to develop LGBT+ diversity and inclusion within the investment and savings industry through insights, visibility and outreach programmes. We are proud to have senior executives participating in the 50For50 campaign as part of their Project 1000

 

Gender equality

The Pictet Group is committed to giving gender-related dimensions a high priority in the management of our business and has achieved EDGE Level 2 (MOVE) certification in 2021, following EDGE Level 1 (ASSESS) certification achieved in 2019.

This recognises the organization’s continued focus on building a gender-balanced talent pipeline, ensuring pay equity, having an effective framework of policies and practices to ensure equitable career flows and fostering an inclusive culture. Learn more: edge-cert.org/certifications/

Gender equality

Pictet Asset Management is committed to advancing gender equality and increasing female representation at every level of our organization. We will continue to report annually on our UK gender pay gap, and work to understand and address what more can be done.
 Pdf Gender Pay Gap UK Report 2020
 Pdf Gender Pay Gap UK Report 2019
 Pdf Gender Pay Gap UK Report 2018